Home Economy Business activity in the Russian manufacturing sector rose for the first time...

Business activity in the Russian manufacturing sector rose for the first time since January

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According to the rating agency S&P Global, the indicator of business activity of the manufacturing industries in May increased by 2.6 percentage points compared to the April level and amounted to 50.8%. For the first time since January, the index surpassed the 50% threshold on S&P Global computing technology, reflecting the growth in economic activity. on the S&P website. An index value of less than 50 points indicates a decrease in business activity in the country, and above 50 indicates its growth. Analysts note that the index was affected by an increase in delivery times due to sanctions restrictions. Despite the relatively high figure, S&P analysts believe that the actual production volumes in Russia continued to fall. In April, this index was 48.2%, in March – 44.1%. Indicators below 50% are considered by analysts as indicators … .

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